• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Friday, July 11, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Companies

Capricorn Group invests N$21m in social responsibility projects

by editor
September 6, 2023
in Companies
47
A A
57
SHARES
956
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

You might also like

Namibia’s June inflation hits 3.7%, driven by food, alcohol and housing

O&L Leisure launches rewards programme to encourage local travel

NamRA collects N$12.78 billion in first two months of financial year

The Capricorn Group, including the Capricorn Foundation and its subsidiaries Bank Windhoek, Capricorn Asset Management, Entrepo, and Bank Gaborone, has invested N$21.7 million in social responsibility programs and projects in Namibia and Botswana, marking an increase from N$16.3 million the previous year.

This comes after the group’s release of its annual Social Value Report, which precedes the group’s annual financial report scheduled for next week.

“As a Group, we are socially responsible and strongly committed to our stakeholders. In line with our brand promise of being ‘Connectors of Positive Change,’ we take pride in the value we create through our CSR initiatives by positively impacting lives,” said Marlize Horn, Group Executive: Brand and Corporate Affairs and Executive Officer of the Capricorn Foundation.

Horn said the majority of their initiatives are focused on addressing issues in education and food security.

“The Capricorn Foundation Food Waste Challenge is the first signature project of the Foundation and has been highly effective in raising broad awareness of the issue of food waste contributing to food insecurity,” she said.

Horn said the Group’s commitment to open and transparent reporting of its corporate social responsibility programs and their impact through the Capricorn Foundation.

“The Capricorn Foundation has made significant strides in fulfilling its mandate over the past three years as the main vehicle for the Group’s CSR. We are grateful to our numerous partners who continue to collaborate with us in the communities where we operate,” she said.

The Foundation’s Chairperson, Gerhard Fourie, emphasized the crucial role of the private sector in spurring economic growth and development.

“We are strong advocates for collaboration, and during the past year, we experienced the power of like-minded organizations from various sectors working together to find solutions for common problems. There is ample opportunity for even more collaboration to address the social challenges we face in Namibia and Botswana. One of these social challenges is unemployment, with youth being the largest demographic affected in Namibia. As the Capricorn Group, we are determined to identify channels for economic enhancement and job creation, such as vocational training programs and skills development initiatives that will improve the economic prospects of young people,” Fourie said.

The Capricorn Foundation was established in February 2020 as a Section 21 company and registered as a welfare organization to act as the primary vehicle for Capricorn Group’s CSR programs.

The Foundation supports projects such as The Never Walk Alone Project and Men On The Side of The Road, with a total of 32 projects under its wing.

 

 

 

 

 

 

 

author avatar
editor
See Full Bio
Tags: companies
Share23Tweet14Share4
Previous Post

Enriching generations: Empowering your financial future

Next Post

Nedbank Namibia records surge in digital platform usage

Recommended For You

Namibia’s June inflation hits 3.7%, driven by food, alcohol and housing

by reporter
July 10, 2025
0
Namibia’s June inflation hits 3.7%, driven by food, alcohol and housing

Namibia’s annual inflation rate stood at 3.7% in June 2025, with food, alcoholic drinks, and housing costs being the main drivers, according to the Namibia Statistics Agency (NSA)....

Read moreDetails

O&L Leisure launches rewards programme to encourage local travel

by reporter
July 10, 2025
0
O&L Leisure launches rewards programme to encourage local travel

O&L Leisure has introduced a new rewards programme aimed at encouraging more Namibians to travel locally, offering significant discounts on accommodation and dining across its properties. The Leisure...

Read moreDetails

NamRA collects N$12.78 billion in first two months of financial year

by reporter
July 9, 2025
0
NamRA sees drop in illegal vehicle imports following moratorium

The Namibia Revenue Agency (NamRA) has collected N$12.78 billion in revenue between 1 April and 31 May 2025, as part of the current financial year. Of this total,...

Read moreDetails

Namibia’s national parks generate over N$140m annually

by reporter
July 9, 2025
0
Northern Namibia leads tourism growth with 58% occupancy in May

Namibia’s protected areas generate more than N$140 million annually from tourism and conservation fees and support the livelihoods of at least 500,000 people, according to a revised draft...

Read moreDetails

Namibia backs India’s pharmaceutical hub proposal

by reporter
July 9, 2025
0
Namibia backs India’s pharmaceutical hub proposal

Namibia has expressed its full support for India’s proposal to establish a pharmaceutical manufacturing hub in the country under the “Pharmacy of the World” initiative. President Netumbo Nandi-Ndaitwah...

Read moreDetails
Next Post
Nedbank Namibia records surge in digital platform usage

Nedbank Namibia records surge in digital platform usage

Related News

Namibia exports 151,000 cattle in 2023

Namibia exports 151,000 cattle in 2023

January 17, 2024
Old Mutual appoints Natasha Winkler as Managing Director of Old Mutual Namibia Finance

Old Mutual appoints Natasha Winkler as Managing Director of Old Mutual Namibia Finance

August 1, 2024
Green Industrialization: Remembering President Geingob’s Leadership

Green Industrialization: Remembering President Geingob’s Leadership

February 29, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.